The Company is currently finalising negotiations and documentation with respect to a royalty acquisition over a Western Australian natural gas project. The Company anticipates that it will be in a position to confirm and announce the material terms of this proposed acquisition, along with a timetable with respect to potential re-quotation of the Company in the week commencing 18 March 2019.
The Company remains in ongoing discussions with respect to natural gas opportunities in the United States, including proposed future activity at the Tulainyo Gas Project in the Sacramento Basin, along with further royalty opportunities both in Australia and abroad. The Company will advise the market accordingly once these discussions materialise.
They say we will hear about it this coming week. So lets keep him to that. We can trust him surely ?
GFS Price at posting:
0.2¢ Sentiment: None Disclosure: Held
